137 Deer Bay Ashby — Photo 1 of 14
$390,000
Investment Analysis — 137 Deer Bay
Ashby, MA 01431
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01431 carries an estimated $2,560/mo in gross rent — about a 4.51% cap rate and $17,585/yr in estimated NOI at the $390,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,254
Style
Single Family
Built
1984
Nestled next to the Ashby reservoir, this charming home offers peaceful living with beautiful water views. Whether you’reseeking a full-time residence, a weekend retreat, or a potential investment property, this home presents an exceptionalopportunity.The home features two bedrooms designed for comfort and relaxation, along with a full bathroom that balancesfunctionality and ease. The bright and inviting living area spans 1,254 square feet, offering ample space for both everydayliving and entertaining.In 2018, the property underwent extensive renovations, including a new roof, siding, windows,plumbing, electrical systems, and septic, providing peace of mind and modern efficiency. Built in 1984, the home combinesenduring quality with thoughtful updates.Situated on a generous 18,295-square-foot lot, the outdoor space offers plenty ofroom to enjoy nature, entertain guests, or simply unwind while taking in the tranquil surroundings
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 627 sq ft (the lesser of 900 sq ft or half the 1,254 sq ft principal dwelling). Lot size: 18,295 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater
Neighborhood
Shopping • Walk/Jog Trails • Bike Path • Conservation Area • Public School
Geography
Listing Agent: Sean Rogers
Listing Office: Coldwell Banker Realty - Beverly
MLS® Number: 73544759
